Ryan Nolan
Paying your crew when you partner on a flip
3 January 2022 | 17 replies
If he wants to just be a GC on the job then he could bill the job his normal rates but then he should give up the upside of the project.I have a 50/50 partner on my flips and BRRRs, I bring and/or find the money, handle admin and legal while he uses his construction company to do the rehabs.
Evan Loader
Passive K-1 LP investor looking for a new CPA
2 January 2022 | 1 reply
If you can handle my real estate forms but are turned off by form 2555 or haven't dealt with it before, just an FYI it is a very basic form and I have all the information you need to complete it.
Chris Utter
I have a problem I need advise on
4 January 2022 | 29 replies
Don't blow it.If you do decide not to renew, give her P-L-E-N-T-Y of notice (far beyond what is legally required) of non-renewal, so she can smoothly move out.
Alex Ramirez
300 Units & 1 Short Term Rental on my first year of taking action
10 January 2022 | 39 replies
Of course, they had to get their net worth well into the nine or 10 figure range to be able to qualify for this role in large deals.And I also know a couple securities attorneys who get GP equity for handling the legal aspects of the syndication.
Angelito Mamutuk
Updating Lease Agreement
9 January 2022 | 3 replies
The only reason I take care of lawn is becuase I have it for such a low price each month I rather handle it and not have to worry if tenants are or aren't.
Tanner Kenneth Jenkins
To all my Realtors out there
3 January 2022 | 3 replies
., and how those are handled when selling a property, as well as the agent responsibility if it is a non-disclosure state vs not.
Bob Stein
Can one partner evict a tenant?
3 January 2022 | 9 replies
After that, it is up to all of the partners as to how to handle it.
Jonathan Bell
How did you find your first partner?
11 January 2022 | 38 replies
Things I learned in my first job that have continued to prove valuable today: underwriting, managerial accounting, private equity deal structures, what a side letter is, what investors want out of deals, what a K-1 is, why real estate is a valuable investment class, what asset allocation is, where to find tenants, what cam is, how to handle Capex items in sophisticated underwritings, loan docs and negotiating terms thereof, understanding a lease, what an estoppel is, what a phase one and phase two are, how to read a PCA, basics of land use and zoning...Oh and best of all, I got paid to learn all of this stuff.
Chris K.
Pool heater remote app for rental property?
8 January 2022 | 5 replies
Just wire it to a 240VAC contactor to handle the higher voltage and current.Then you could turn it on and off with your phone.